Exhibit 12
Ratio of Earnings to Fixed Charges
Omnicom Group, Inc.
Ratio of Earnings to Fixed Charges
1995-2000 ($000s)
<TABLE>
<CAPTION>
Years Ended December 31,:
---------------------------------------------------- Six Months
1995 1996 1997 1998 Ended
(A) (A) (A) (A) 1999 June-00
-------- -------- -------- -------- -------- ---------
<S> <C> <C> <C> <C> <C> <C>
Earning as defined:
Profit before tax as reported ........... $244,739 $299,312 $390,578 $521,797 $673,708 $500,034
Add: Dividends from affiliates .......... 15,303 18,085 14,901 19,353 10,485 8,045
Interest expense ................ 44,267 35,158 44,783 74,482 84,908 43,439
Interest factor (re: rentals) (B) 57,793 68,544 80,890 103,829 113,861 64,553
-------- -------- -------- -------- -------- ---------
Total earnings .......................... $362,102 $421,099 $531,152 $719,461 $882,962 $616,071
======== ======== ======== ======== ======== ========
Fixed charges as defined:
Interest expense ........................ 44,267 35,158 44,783 74,482 84,908 43,439
Interest factor (re: rentals) (B) ....... 57,793 68,544 80,890 103,829 113,861 64,553
-------- -------- -------- -------- -------- ---------
Total fixed charges ..................... $102,060 $103,702 $125,673 $178,311 $198,769 $107,992
======== ======== ======== ======== ======== ========
Ratio of earnings to fixed charges ...... 3.55 4.06 4.23 4.03 4.44 5.70
======== ======== ======== ======== ======== ========
</TABLE>
----------
(A) All information prior to 1999 has been restated to give effect to the
accounting for the acquisition of Abbott Mead Vickers Group Limited in
February 1999 under the pooling of interests method of accounting, as
discussed in note 6 of the company's 1999 Form 10-K.
(B) The interest factor related to rentals reflects the appropriate portion of
rental expense representative of an interest factor.
